Streetbeat News

Order Imbalances

NYCB

New York Community Bancorp (NYSE: NYCB) has seen a 10.36% increase in its short percent of float, now at 11.72%. This indicates a bearish sentiment among investors, as it would take 3.92 days to cover the short positions. NYCB's short interest is higher than its peers, whose average is 4.89%.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 7:00 pm

CVX

Large investors have taken a bearish stance on Chevron (NYSE:CVX), as indicated by unusual options activity tracked by Benzinga. The sentiment is split with 35% bullish and 50% bearish. Notable trades include both puts and calls, with a focus on a price range between $90 and $170. Chevron's stock is currently down by 0.29%, trading at $163.13.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 6:01 pm

AAPL

APP

CLSK

CRM

MRVL

NTGR

NVDA

ORCL

SMCI

TSM

The article highlights significant options activity for several information technology stocks, indicating potential trading opportunities. Notable mentions include bullish sentiment for NVDA, TSM, SMCI, ORCL, APP, and CLSK, while CRM, NTGR, and MRVL show bearish sentiment. AAPL's activity is neutral.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 5:35 pm

BROS

Dutch Bros (NYSE:BROS) has seen a 12.05% increase in its short percent of float, now at 9.86% of all regular shares available for trading. This indicates a rise in bearish sentiment among investors. However, its short interest is still below the peer group average of 10.11%.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 5:15 pm

MAR

Marriott International (NYSE: MAR) has seen a 5.22% decrease in its short percent of float, now at 2.36% of all regular shares available for trading. This is lower than the peer group average of 7.00%. It would take traders 3.94 days to cover their short positions based on current trading volume.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 5:15 pm

KLAC

Investors have shown significant interest in KLA (NASDAQ:KLAC) through options trading, with a mix of bullish and bearish sentiments. The options trades indicate a price window of $500 to $870 for KLA. The stock is currently trading at $750.59, up by 2.83%, and may be approaching overbought territory. Analysts have mixed ratings with price targets ranging from $630 to $820.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 4:47 pm

MARA

Marathon Digital Holdings (NYSE:MARA) has seen a significant increase in its short percent of float, rising 33.89% since its last report. The company now has 52.50 million shares sold short, which is 21.57% of all regular shares available for trading. This high short interest indicates bearish sentiment among investors.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 4:30 pm

SNAP

Snap Inc. (NYSE:SNAP) has seen a 3.11% increase in its short percent of float, now at 9.29%. This indicates a bearish sentiment among investors, as it surpasses the peer group average of 7.75%. It would take traders 4.87 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 4:30 pm

TPET

Trio Petroleum (NYSE:TPET) has seen a significant rise in short interest, with a 2578.95% increase since its last report. The company now has 3.29 million shares sold short, representing 10.18% of its float. This high short interest could indicate bearish sentiment among investors.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 4:00 pm

WFC

Recent unusual options activity for Wells Fargo (NYSE:WFC) shows a bullish stance among large investors, with 53% of trades being bullish. The trades indicate a price range of $30.0 to $67.5 for WFC. The stock is currently up 0.36% at $62.12, with RSI indicators suggesting it may be overbought. An analyst from JP Morgan maintains a Neutral rating with a target price of $61.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 3:32 pm